The recent action on the share price is simply as expected. When the share price is pushed lower by questionable sells of small volume, and a ceiling in the form of a CR with uncertain terms - coupled with Mantle's past history re:CR adjustments (see how past finance mistakes can come and bite you), nobody is willing to buy with the expectation that there's only one direction the price can go/CR won't go through and a possible new CR price.
In effect a self-fulfilling prophercy. Because the rest of the story isn't new, there's nothing to excite new entrants who are either looking for a quick buck (and dampened by lack of short term prospects now that BM is managed by Exergen).
How mantle can combat these in the future is the question. Though I'm somewhat wary of funding every little developments via small raisings throughout the year.
MNM Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held